PDD Holdings Inc Stock Plummets 4.03% Fourth Day in a Row Trading Volume Ranks 55th

On April 7, 2025, PDD Holdings Inc (PDD) experienced a significant decline, with its stock price dropping by 4.03%. This marks the fourth consecutive day of decline, with a total decrease of 18.15% over the past four days. The trading volume for the day was 21.45 billion, ranking it 55th in the overall market.

PDD Holdings Inc's stock price fell to $97.75 during mid-day trading on April 7, reaching an intraday low of $96.42 before slightly recovering. This price is down from its previous close of $104.21, placing PDD 40.65% below its 52-week high of $164.69 and 11.07% above its 52-week low of $88.01. The trading volume was 14,134,613 shares, which is 143.1% of the average daily volume of 9,880,103.

Analysts have set an average target price of $154.95 for PDD Holdings Inc, with estimates ranging from $106.00 to $234.99. This average target price suggests a potential upside of 58.51% from the current price of $97.75. Additionally, the consensus recommendation from 40 brokerage firms indicates an "Outperform" status for PDD, with a rating scale ranging from 1 to 5, where 1 signifies a Strong Buy and 5 denotes a Sell.

GuruFocus estimates the GF Value for PDD Holdings Inc to be $243.02 in one year, suggesting a potential upside of 148.61% from the current price. This GF Value is calculated based on historical trading multiples, past business growth, and future performance estimates. The analysis is rooted in historical data and analyst projections, utilizing an impartial methodology to provide long-term, fundamental data-driven insights.